The British Columbia Property Tax Deferment Program is a loan program that allows you to defer your annual property taxes on your home if you meet certain eligibility criteria.
Please note that municipalities are no longer responsible for accepting deferment applications and renewals.
British Columbia residential property owners can apply for property tax deferment on their principal residence online, quickly and easily. Owners can also choose to auto renew their application. For more information on the Provincial Tax Deferment Programs, visit www.gov.bc.ca/propertytaxdeferment. Please note a 10 percent penalty will apply if your deferment application or renewal is not approved or if you sell your property or cancel your application before the taxes are paid on your behalf.
For more information, visit this website